Dubai has emerged as a favored location for entrepreneurs and investors globally. Renowned as the commercial nucleus of the Middle East, Dubai is acclaimed for its superior global connectivity and business-friendly legal framework, making it an attractive destination for new ventures. The demographic benefits further enhance its profitability. However, grasping the financial requirements for establishing a company in Dubai is crucial, as insufficient knowledge might lead to extra costs. Mainland business setup / LLC company formation costs Expense Category Dubai Commercial License Cost Dubai Professional License Cost Initial Approval (one-time gov’t fees) AED 120 AED 120 Name Approval (one-time gov’t fees) AED 620 AED 620 Tasheel Fee (one-time gov’t fees) AED 230 AED 230 Notarization of MOA (one-time gov’t fees) AED 1,500 AED 900 License Fee (yearly gov’t fees) AED 10,000 (Approx.) AED 5,600 (Approx.) Market Fees (yearly gov’t fees) AED 500 (Exempted) Foreign Name Charges (yearly gov’t fees) – AED 2,000 (Avoidable with Arabic name) Experts advise that the fees for company incorporation in Dubai are subject to change. Therefore, engaging with a knowledgeable and cost-effective business consultancy in Dubai is recommended. These professionals assist in understanding early-stage fees, keep clients informed about changes in legal and government fees, and offer advice on minimizing unnecessary expenses. The investment for starting a business in Dubai varies based on the business type, chosen jurisdiction, required approvals, and certifications. To simplify, Shuraa Business Setup has compiled a recent list of standard business setup costs in Dubai, categorized into Mainland, Free Zone, and Offshore. Costs Involved in Mainland LLC Business Formation in Dubai, UAE: Additional Costs: Free zone company formation cost The UAE’s free zones operate under unique regulations and procedures, leading to varying costs for company setup. Commonalities include local sponsorship, rental, and visa fees, but differences arise in areas like smart desks, office units, warehouses, license fees, registration fees, share capital requirements, and bank guarantees, which depend on the chosen free zone. Notable Free Zone Licensing Costs in Dubai (as per Private Wolf experts): Components of Dubai Free Zone Business Setup Costs: Rental Options in Free Zone Setups: Other Key Expenses in Free Zone Company Formation: For specific free zone choices, these costs may vary. Offshore company formation costs Offshore company formation fee – AED 15,500 Standard share capital – No deposit required Offshore registered office fee – N/A Nominee services – Included in formation fee Maintenance / renewal fee (not levied in the first year) – AED 12,000 Private Wolf | facebook | Instagram | Twitter | Linkedin
